U.S. stock futures experienced an upward movement on Wednesday, influenced by remarks from Commerce Secretary Howard Lutnick. His comments suggested a possible openness to negotiate tariff agreements with neighboring countries, which has caught the attention of market participants.

This shift in sentiment comes after Wall Street faced two days of significant declines. These declines were prompted by the recent decision to impose a 25% tariff on goods imported from Mexico and Canada, along with a 10% tariff on products from China. The recent tariff announcements have heightened concerns among investors, contributing to the observed volatility in the stock market.

• Major companies such as CrowdStrike, AeroVironment, Tesla, Nvidia, Palantir, and Box are among those influenced by these developments.
• Market participants are closely watching these tariff discussions, as they could greatly impact trade relations and economic stability.

📎 Related coverage from: barrons.com